ICRA-assigned Credit Rating for Rs. 340.0 crore Bank Facilities of Greenpanel Industries Ltd

Based on a review of the latest developments, the Rating Committee of ICRA, after due consideration has upgraded the long-term rating to [ICRA]A+ (pronounced ICRA A plus) ("Rating") from [ICRA]A. The Rating Committee of ICRA, after due consideration has upgraded the short-term rating to [ICRA]A1+ (pronounced ICRA A One plus) from [ICRA]A1. The outlook on the long-term rating is revised to Stable from Positive.

Shares of Greenpanel Industries Limited was last trading in BSE at Rs. 450.65 as compared to the previous close of Rs. 441.80. The total number of shares traded during the day was 21021 in over 1724 trades.

The stock hit an intraday high of Rs. 457.35 and intraday low of 439.75. The net turnover during the day was Rs. 9505905.00.

Source : Equity Bulls

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GreenpanelIndustries INE08ZM01014 RatingUpgrade